HKG:1452 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	30.95	18.07	44.26	24.02	71.36
Short-Term Investments	45.23	45.25	28.23	48.74	2.98
Cash & Short-Term Investments	76.17	63.32	72.49	72.76	74.34
Cash Growth	20.30%	-12.65%	-0.37%	-2.14%	-13.57%
Accounts Receivable	31.6	17.17	23.44	19.9	50.05
Other Receivables	9.07	4.71	2.03	2.62	6.39
Receivables	40.67	21.87	25.48	22.52	56.44
Inventory	340.94	297.55	220.2	160.95	122.04
Restricted Cash	-	-	-	-	5.63
Other Current Assets	6.37	4.55	6.94	4.67	4.92
Total Current Assets	464.16	387.28	325.11	260.89	263.36
Property, Plant & Equipment	43.99	49.37	45.78	53.05	61.21
Long-Term Investments	0.12	0.13	0.12	0.11	0.09
Other Long-Term Assets	0.03	0.15	0.13	0.35	1.14
Total Assets	508.29	436.92	371.13	314.4	325.79
Accounts Payable	36.98	33.46	23.18	11.22	13.05
Accrued Expenses	5.33	4.18	4.92	4.14	4.88
Current Portion of Long-Term Debt	3.89	11.73	2.75	-	-
Current Portion of Leases	1.08	1.09	1.46	1.27	1.97
Current Income Taxes Payable	3.7	3.7	3.7	3.7	3.7
Current Unearned Revenue	328.88	238.82	161.48	97.62	82.63
Other Current Liabilities	5.79	4.19	5.55	3.75	5.4
Total Current Liabilities	385.65	297.17	203.04	121.69	111.63
Long-Term Debt	3.73	-	1.74	-	-
Long-Term Leases	6.1	6.85	0.32	1.68	3.97
Long-Term Unearned Revenue	1.44	1.75	2.05	2.36	2.67
Total Liabilities	396.91	305.77	207.16	125.72	118.27
Common Stock	38.51	38.51	31.42	31.42	31.42
Additional Paid-In Capital	845.82	845.82	849.82	849.82	849.82
Retained Earnings	-253.69	-236.42	-199.1	-173.66	-150.13
Comprehensive Income & Other	-519.26	-516.75	-518.19	-518.91	-523.6
Total Common Equity	111.38	131.16	163.97	188.68	207.52
Shareholders' Equity	111.38	131.16	163.97	188.68	207.52
Total Liabilities & Equity	508.29	436.92	371.13	314.4	325.79
Total Debt	14.8	19.67	6.27	2.94	5.93
Net Cash (Debt)	61.38	43.65	66.22	69.81	68.41
Net Cash Growth	40.61%	-34.08%	-5.15%	2.05%	-16.18%
Net Cash Per Share	0.10	0.07	0.13	0.14	0.14
Filing Date Shares Outstanding	592.84	592.84	494.04	494.04	494.04
Total Common Shares Outstanding	592.84	592.84	494.04	494.04	494.04
Working Capital	78.51	90.11	122.06	139.21	151.72
Book Value Per Share	0.19	0.22	0.33	0.38	0.42
Tangible Book Value	111.38	131.16	163.97	188.68	207.52
Tangible Book Value Per Share	0.19	0.22	0.33	0.38	0.42
Buildings	29.27	27.66	26.72	26.72	26.72
Machinery	93.11	88.61	81.45	80.88	80.12
Construction In Progress	-	0.39	-	0.46	0.46
Leasehold Improvements	0.79	0.79	0.79	0.79	0.79